The Latest

The IRS is seeking comments on a change that may benefit many issuers.

The U.S. Supreme Court ruled in McGirt v. Oklahoma that Eastern Oklahoma remains tribal land, and the repercussions continue to play out.

Goldman Sachs is lead managet for the issuance, which includes tax-exempt and taxable bonds.

Preliminary yields in the offering memorandum show spreads of 112 to 169 basis points over triple-A benchmarks, substantially lower than spreads seen in a successful speculative grade PRASA refunding in December.

The last week of July marks a lighter calendar while August redemptions are huge compared to the expected supply. Investors need to get in line and likely accept lower yields and continued historically low ratios.

What bond-market guru Mohammed El-Erian said Friday was enough to make bond investors listen like they’re in an old E.F. Hutton commercial.

FirstEnergy will pay $230 million under a deferred prosecution agreement with federal authorities in the alleged pay-to-play that benefitted its former subsidiary FirstEnergy Solutions.

While the truckers returned to work Thursday night, their union said board interference could lead to a renewed strike.

It was a busy quarterly board meeting for the MSRB.

Out-year deficit borrowing looms after massive federal aid runs out, Chief Financial Officer Robert Foran tells the board.